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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (61448)	10/25/2000 7:53:53 PM
From: RockyBalboa	Respond to of 122087

Tuesday October 24 2:28 PM ET Italy To Turn Over Wanted Financier ROME (AP) - An Italian court on Tuesday granted a U.S. request for the extradition of financier Giancarlo Parretti, who is accused of defrauding investors of $1.5 billion in a series of Hollywood deals. Parretti's lawyer, Caroleo Grimaldi, said the ruling, handed down by a court in Perugia, would be appealed. A federal indictment in Los Angeles accuses Parretti of 53 counts of fraud, conspiracy and other charges in the 1990 purchase of Metro-Goldwyn-Mayer and other deals. Parretti has been in Italy since 1997, when he was convicted of perjury and evidence tampering in an MGM-related lawsuit. He left the United States before he could be sentenced. He was arrested last year at the request of U.S. officials and released eight days later.